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$AVAX (Avalanche) Market Breakdown
🔴 Long Liquidation: $11.623K at $12.2223
Current Price: around $11.90–12.00
Market Structure
AVAX lost momentum after failing to reclaim higher highs. This liquidation confirms distribution at resistance.
Key Support Zones
Immediate Support: $11.50
Major Support: $10.80
Resistance Levels
Near Resistance: $12.60
Supply Zone: $13.80
Market Sentiment
Weak bullish conviction. Needs rebuilding.
Targets
Bounce attempt: $12.60
Breakdown risk: $10.80
Next Move
If $11.50 fails, expect a sharper move lower.
Pro Tip
When AVAX breaks structure, it doesn’t rush back. Let it settle.
$AVAX #DrHan2025YearEndOpenLetter #ETHTrendWatch